(Lithium Americas Corp. )
| LAC latest price $15.9900 (9.22%) ($14.8000 - $17.4000) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 87 |
Latest Price | $15.9900(9.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LAC advances 6.3% a day on average for past five trading days. |
Weekly Trend | LAC advances 20% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LAC advance at 0% a week (0% probability) REMX(66%) LIT(62%) DRIV(61%) IWO(60%) ICLN(59%) |
Factors Impacting LAC price | LAC will decline at least -2.975% in a week (0% probabilities). VIXM(-31%) UUP(-18%) VXX(-12%) IGOV(-6%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.975% (StdDev 5.95%) |
Hourly BBV | 1 () |
Intraday Trend | 6.5% |
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